Welcome to your new home in the heart of Port Charlotte! This recently renovated corner end unit features 1 bedroom, 2 bathrooms, and a fresh, modern look, perfect for anyone looking for a stylish, comfortable living space. The unit is already leased, meaning the new owner can start earning rental income immediately. The lease will need to be honored until 9/30/2025, providing stable income from day one. As you enter, you'll be welcomed by a brand-new, open kitchen designed with quality finishes, creating a spacious and inviting atmosphere perfect for cooking and entertaining. New vinyl flooring throughout not only enhances the unit's modern aesthetic but is also easy to maintain. Both bathrooms have been fully updated, adding a touch of luxury to your daily routine. This second-floor unit provides extra privacy, with no neighbors above, and is close enough to ground level for added convenience and security. The HOA has recently replaced the roof, eliminating insurance concerns and offering peace of mind for the new homeowner. The location is ideal for an active lifestyle, with nearby sidewalks for walking or biking, and plenty of shops, restaurants, and healthcare facilities within a short distance. You’ll find the scenic beaches of Englewood and Boca Grande just a 30-minute drive away. Don’t miss this opportunity to own a beautifully updated condo with built-in income, modern updates, and a prime location that balances tranquility and convenience!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$105,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $84,000 | $84,000 | $84,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $104 | $104 | $104 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $580 | $558 | $708 |
Total Monthly Payment | $759 | $737 | $887 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.